Tartisan Nickel begins line cutting at Kenbridge

Mar 7, 2019

2019-03-06 16:24 ET – News Release

Mr. Mark Appleby reports

TARTISAN NICKEL CORP. PROVIDES CORPORATE UPDATE ON PROJECTS AND PLANNING

Tartisan Nickel Corp. has provided an update on corporate activities on the suite of company projects in Canada and Peru.

Kenbridge nickel-copper deposit, Atikwa Lake area, Ontario

First, access road rehabilitation has been completed over the 13.2-kilometre length to the site. This allows a lower-cost resumption of exploration in that air transport from nearby Sioux Narrows is not needed to the same extent. The line cutting program on the Kenbridge nickel-copper project has commenced and, as at the date of this news release, two lines have been completed. Line cutting commenced at the southern mapped extremity of the Kenbridge deposit as it averages about 90 metres in width; as well, one of the primary exploration targets for a similar depositional environment with historic surface mineralization is found on the west end of the second cut line in the program.

In this way, the company may start an induced polarization geophysical survey on the two completed lines with the ability to lay out the lines on the frozen lakes, where required, and still hit one of the major exploration targets on the Kenbridge property while the rest of the line cutting grid is cut. The company has made the decision to not pursue the drone-based magnetometer survey at this time.

MineMap Pty. Ltd. of Midland, Western Australia, has been contracted to provide an updated resource model, the results of which are expected later in 2019, as well as an updated National Instrument 43-101 technical report.

Alexo-Kelex nickel project, Iroquois Falls, Ont.

The company successfully closed the sale of the Alexo-Kelex nickel project to VaniCom Resources Ltd. of Perth, Western Australia, in October, 2018. Tartisan Nickel retains the financial assurance bond held in trust by the Ontario Ministry of Natural Resources and Forestry.

As a result of the sale, Tartisan also owns 1.75 million shares of VaniCom Resources.

To that end, the company has filed a progressive rehabilitation report with the ministry so as to facilitate the release of the funds, which total about $240,000. Tartisan is actively working with the ministry to address comments.

Mark Appleby, Tartisan’s chief executive officer, commented, “Two thousand nineteen will bring a resurgence of exploration at Kenbridge, to be financed initially by the return of the financial assurance funds pending approval of Tartisan’s remediation of the Alexo-Kelex nickel project, meaning that share dilution can be avoided while still generating exploration.”

At the company’s Peruvian projects, site visits are planned for April, 2019, at which point exploration and development strategies should be put in place to create additional shareholder value. A key focus will be to define the manganese content of the Don Pancho project, including core review, quality assurance/quality control confirmation sampling and block modelling the Don Pancho project to the extent possible with existing drilling.

About Tartisan Nickel Corp.

Tartisan Nickel is a Canadian-based mineral exploration and development company that owns a 100-per-cent stake in the Kenbridge nickel-copper project in Ontario. The company also owns a 100-per-cent interest in the Don Pancho zinc-lead-silver project in Peru, just nine kilometres from Trevali’s Santander mine.

Jim Steel, MBA, PGeo, is a qualified person under NI 43-101. Mr. Steel has read and approved the technical content of this news release.

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https://www.tartisannickel.com/news.php

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